Online Banking Manager Average Salary in Bucharest 2024
How much money does a person working as Online Banking Manager make in Bucharest?
LOW
9,580
RON AVERAGE
17,700
RON HIGH
26,800
RON
A person working as Online Banking Manager in Bucharest typically earns around 17,700 RON. Salaries range from 9,580 RON (lowest) to 26,800 RON (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Online Banking Manager salaries in Bucharest vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Online Banking Manager Pay Scale and Salaries in Bucharest
Salary Structure and Pay Scale Comparison
15,800 RON or more
14,200 to 15,800 RON
10,500 RON or less
10,500 to 14,200 RON
 9,580 RON |
15,900 RON |
26,800 RON |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Online Banking Manager in Bucharest range from 9,580 RON (starting salary) to 26,800 RON (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 15,900 RON, half of the professionals who work as Online Banking Manager in Bucharest earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Online Banking Manager in Bucharest earn less than 13,300 RON, while 75% earn more. Similarly, the chart shows that 75% earn less than 17,900 RON while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Online Banking Manager in Bucharest compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 10,500 RON to 14,200 RON. About 20% of salaries are below the 10,500 RON mark, while 10% fall within the range of 14,200 RON to 15,800 RON. Only 5% of individuals have salaries exceeding 15,800 RON.
Salary Comparison by Years of Experience / Online Banking Manager / Bucharest
How do experience and age affect pay?
| 0 - 2 Years | 11,100 RON | |
| 2 - 5 Years | +26% | 14,100 RON |
| 5 - 10 Years | +32% | 18,500 RON |
| 10 - 15 Years | +18% | 21,800 RON |
| 15 - 20 Years | +11% | 24,100 RON |
| 20+ Years | +6% | 25,700 RON |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Online Banking Manager and this is what we found.
Employees with less than two years of experience earn approximately 11,100 RON.
While someone with an experience level between two and five years is expected to earn 14,100 RON, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 18,500 RON, 32% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 21,800 RON, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 24,100 RON, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 25,700 RON, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Online Banking Manager / Bucharest
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Online Banking Manager.
| Bachelor's Degree | 14,400 RON | |
| Master's Degree | +53% | 22,000 RON |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Online Banking Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 14,400 RON.
Level 2: Master's Degree
At this level, the average salary becomes 22,000 RON, 53% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Romania costs anywhere from 45,100 RON to 135,000 RON and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Online Banking Manager / Bucharest
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Online Banking Manager in Romania, the average difference between the salary of male and female employees is nan%.
| Male | 0 RON | |
| Female | 0 RON |
Salary Comparison By Gender in Romania for all Careers
Average Annual Salary Increment Percentage / Online Banking Manager / Bucharest
How much are annual salary increments in Bucharest for individuals working as Online Banking Manager? How often do employees get salary raises?
Individuals working as Online Banking Manager in Romania are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
Romania / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Online Banking Manager / Romania
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/romania/banking/online-banking-manager/annual-salary-bonus-rate-romania-online-banking-manager.jpg
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Online Banking Manager / Bucharest
100 RON per hourThe average hourly wage (pay per hour) for individuals working as Online Banking Manager in Bucharest is 100 RON.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Online Banking Manager in Bucharest is 55 RON. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 14,500 RON | -18% |
| Assistant Bank Branch Manager | 12,900 RON | -27% |
| Assistant Bank Manager | 17,400 RON | -2% |
| ATM Manager | 14,100 RON | -21% |
| ATM Service Technician | 3,750 RON | -79% |
| Bank Accounts Analyst | 5,660 RON | -68% |
| Bank Accounts Collector | 3,520 RON | -80% |
| Bank Accounts Controller | 6,840 RON | -61% |
| Bank Accounts Executive | 10,800 RON | -39% |
| Bank Accounts Manager | 12,100 RON | -32% |
| Bank Auditing Manager | 12,900 RON | -27% |
| Bank Branch Manager | 16,500 RON | -7% |
| Bank Branch Operations Coordinator | 7,730 RON | -56% |
| Bank Clerk | 3,300 RON | -81% |
| Bank Client Service Associate | 4,770 RON | -73% |
| Bank Collector | 3,460 RON | -80% |
| Bank Compliance Specialist | 8,690 RON | -51% |
| Bank Manager | 20,000 RON |  +13% |
| Bank Operational Risk Manager | 19,700 RON | +11% |
| Bank Operations Head | 19,900 RON | +12% |
| Bank Operations Officer | 7,720 RON | -56% |
| Bank Operations Specialist | 12,000 RON | -32% |
| Bank Process Manager | 11,500 RON | -35% |
| Bank Product Manager | 13,500 RON | -24% |
| Bank Programme Manager | 14,100 RON | -21% |
| Bank Project Manager | 16,600 RON | -6% |
| Bank Propositions Manager | 15,100 RON | -15% |
| Bank Quantitative Analyst | 10,400 RON | -41% |
| Bank Regional Manager | 20,100 RON | +13% |
| Bank Regional Risk Officer | 10,900 RON | -39% |
| Bank Relationship Manager | 15,700 RON | -11% |
| Bank Relationship Officer | 7,010 RON | -60% |
| Bank Sustainability Analyst | 11,700 RON | -34% |
| Bank Teller | 3,490 RON | -80% |
| Banker | 7,470 RON | -58% |
| Banking Business Analyst | 10,600 RON | -40% |
| Banking Business Development Officer | 6,660 RON | -62% |
| Banking Business Planning Executive | 14,700 RON | -17% |
| Banking Data Analyst | 11,600 RON | -35% |
| Banking Product Manager | 12,900 RON | -27% |
| Banking Reference Data Manager | 11,500 RON | -35% |
| Banking Regulatory Compliance Officer | 12,700 RON | -28% |
| Banking Risk Analyst | 10,800 RON | -39% |
| Banking Technical Analyst | 5,560 RON | -69% |
| Bankruptcy Coordinator | 7,610 RON | -57% |
| Bill and Account Collector | 3,870 RON | -78% |
| Blockchain Analyst | 9,230 RON | -48% |
| Blockchain Architect | 10,300 RON | -42% |
| Blockchain Auditor | 8,810 RON | -50% |
| Blockchain Compliance Analyst | 9,700 RON | -45% |
| Blockchain Consultant | 9,790 RON | -45% |
| Blockchain Trade Facilitator | 8,620 RON | -51% |
| Budget Analyst | 10,200 RON | -43% |
| Capital Risk Manager | 20,400 RON | +15% |
| Cards Marketing Manager | 13,300 RON | -25% |
| Cash Management Manager | 17,900 RON | +1% |
| Check Processing Manager | 14,100 RON | -21% |
| Chief Blockchain Officer | 11,500 RON | -35% |
| Commercial Vault Associate | 9,970 RON | -44% |
| Corporate Banker | 7,400 RON | -58% |
| Corporate Dealer | 10,500 RON | -41% |
| Credit Analyst | 8,380 RON | -53% |
| Credit and Collections Manager | 14,000 RON | -21% |
| Credit Card Fraud Investigator | 10,300 RON | -42% |
| Credit Portfolio Manager | 19,200 RON | +8% |
| Credit Risk Analyst | 11,400 RON | -36% |
| Credit Risk Associate | 11,000 RON | -38% |
| Cryptocurrency Accountant | 6,400 RON | -64% |
| Cryptocurrency Adviser | 13,200 RON | -26% |
| Cryptocurrency Analyst | 9,560 RON | -46% |
| Cryptocurrency Compliance Manager | 12,600 RON | -29% |
| Cryptocurrency Trader | 10,900 RON | -39% |
| Digital Banking Manager | 14,200 RON | -20% |
| Digital Currency Analyst | 10,600 RON | -40% |
| Direct Bank Sales Representative | 7,560 RON | -57% |
| Exchange Control Consultant | 11,500 RON | -35% |
| Executive Account Analyst | 10,600 RON | -40% |
| Financial Bank Planning Consultant | 13,800 RON | -22% |
| Financial Banking Analysis Manager | 16,100 RON | -9% |
| Financial Banking Assistant | 5,040 RON | -72% |
| Financial Banking Systems Manager | 13,900 RON | -22% |
| Foreign Exchange Manager | 15,800 RON | -11% |
| Fraud Analyst | 11,700 RON | -34% |
| Fraud Detection Associate | 7,540 RON | -57% |
| Fraud Detection Manager | 16,100 RON | -9% |
| Fraud Detection Supervisor | 8,770 RON | -51% |
| Internal Bank Audit Manager | 18,800 RON | +6% |
| Internal Bank Auditor | 10,600 RON | -40% |
| Internal Private Banker | 7,440 RON | -58% |
| International Banking Manager | 21,700 RON | +22% |
| Investment Banking Analyst | 15,400 RON | -13% |
| Loan Analyst | 10,400 RON | -41% |
| Loan Area Manager | 13,200 RON | -26% |
| Loan Audit Team Leader | 12,400 RON | -30% |
| Loan Branch Manager | 11,800 RON | -33% |
| Loan Business Development Officer | 6,150 RON | -65% |
| Loan Clerk | 3,830 RON | -78% |
| Loan Collection and Recovery Manager | 12,000 RON | -32% |
| Loan Collection Manager | 12,500 RON | -30% |
| Loan Collector | 3,500 RON | -80% |
| Loan Examiner | 4,490 RON | -75% |
| Loan Officer | 4,150 RON | -77% |
| Loan Processing Manager | 11,800 RON | -33% |
| Loan Processor | 4,760 RON | -73% |
| Loan Quality Assurance Auditor | 10,300 RON | -42% |
| Loan Quality Assurance Manager | 12,200 RON | -31% |
| Loan Quality Assurance Representative | 7,840 RON | -56% |
| Loan Review Manager | 11,400 RON | -36% |
| Loan Team Leader | 10,900 RON | -39% |
| Loans Manager | 14,200 RON | -20% |
| Mortgage Advisor | 7,190 RON | -59% |
| Mortgage Collection Manager | 12,900 RON | -27% |
| Mortgage Collector | 3,470 RON | -80% |
| Mortgage Credit Analyst | 5,440 RON | -69% |
| Mortgage Credit Manager | 12,200 RON | -31% |
| Mortgage Development Manager | 13,500 RON | -24% |
| Mortgage Document Reviewer | 4,410 RON | -75% |
| Mortgage Funding Manager | 14,000 RON | -21% |
| Mortgage Operations Manager | 18,900 RON | +7% |
| Mortgage Payment Processing Clerk | 4,020 RON | -77% |
| Mortgage Processing Manager | 11,900 RON | -33% |
| Mortgage Processor | 4,500 RON | -75% |
| Mortgage Quality Assurance Auditor | 10,000 RON | -44% |
| Mortgage Quality Assurance Manager | 12,200 RON | -31% |
| Mortgage Servicing Clerk | 3,710 RON | -79% |
| Mortgage Servicing Manager | 11,300 RON | -36% |
| Mortgage Underwriter | 4,410 RON | -75% |
| Online Banking Manager | 17,700 RON | -0% |
| Open Banking Strategist | 11,100 RON | -37% |
| Payment Processing Clerk | 3,850 RON | -78% |
| Personal Banker | 7,320 RON | -59% |
| Personal Banking Advisor | 7,850 RON | -56% |
| Phone Banker | 4,950 RON | -72% |
| Private Banker | 7,570 RON | -57% |
| Reconciliation and Investigation Specialist | 8,530 RON | -52% |
| Tax Officer | 6,380 RON | -64% |
| Teller | 3,530 RON | -80% |
| Trade Officer | 4,310 RON | -76% |
| Trade Product Manager | 11,900 RON | -33% |
| Trader | 5,310 RON | -70% |
| Treasury Operations Officer | 9,420 RON | -47% |
| Wealth Management Advisor | 15,200 RON | -14% |
Salary Comparison By City
| City | Average Salary |
| Bucharest | 17,700 RON |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Romania is 7% on average across all career fields.
| Private Sector | 8,790 RON | |
| Public Sector | +7% | 9,420 RON |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Online Banking Manager in Bucharest?
A good and competitive compensation would range anywhere between 15,900 RON and 17,900 RON. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Online Banking Manager in Bucharest ranges from 9,580 RON to 13,300 RON. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
